Quote from manuelpavanello90 »Bounty of Skemfar is not as strong as Collected Company (even because it isn't an instant) but the CMC redeems this.
It helps to play additional lands directly from your deck and an Elf card in your hand regardless of the CMC.
In my humble opinion this card is still quite strong card and board advantage. Unluckily it is a sorcery.
Is it strong enough for Legacy or Vintage though? In EDH, it's probably fine, but there are already tons of options for Elf decks so I don't think it will make the cut.